
458 Pine Street Leicester — Photo 1 of 42
$789,900
Investment Analysis — 458 Pine Street
Leicester, MA 01524
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01524 carries an estimated $2,040/mo in gross rent — about a 1.44% cap rate and $11,409/yr in estimated NOI at the $789,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,434
Style
Single Family
Built
2022
You truly can have it all with this extraordinary hilltop retreat which captures sweeping views across the neighboring hills and treetops. This bucolic setting is the perfect place for a relaxing, peaceful country lifestyle. Custom built in late 2022 this delightful hilltop executive home offers something for everyone. Inside the home the main floor is anchored by a dramatic family room with a nine-foot tray ceiling, a convenient gas fireplace and a slider to the rear deck. To the left of the home is the open kitchen with custom Quartzite countertops, stainless appliances, large island, a handy walk-in pantry closet and wine fridge. The dining room is located just off the kitchen allowing for additional open space for entertaining. The primary bedroom is tucked privately off the kitchen with a generous walk-in closet, and a well-designed private bath. The right wing of the home is where we find two generous bedrooms, one with a walk-in closet and a second full bath. Back towards the central portion of the home, we have a private study with it's own closet just off the foyer. The first-floor laundry room is conveniently located between the mudroom, the kitchen and primary bath making clean up a breeze. The second floor houses the private office with it's own closet towards the front of the home and a large bonus space towards the rear that is roughly 400 +/- SF and ready for finishing. The bonus space already has plumbing roughed in for another full bath as well as rough and some finished electric and is fully insulated. An oversized two-car garage and a custom shed complete this package. This better than new home has been meticulously maintained by the owners, offering a truly impressive home for today's discerning buyers.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,434 sq ft principal dwelling). Lot size: 113,583 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Refrigerator • Wine Refrigerator
Neighborhood
Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Stable(s) • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstCathedral Ceiling(s), Ceiling Fan(s), Flooring - Laminate, Exterior Access, Open Floorplan
Dining Room
Lvl Main,FirstFlooring - Laminate, Open Floorplan
Kitchen
Lvl Main,FirstFlooring - Laminate, Dining Area, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Open Floorplan, Wine Chiller
Office
Lvl SecondCeiling - Vaulted, Closet, Flooring - Wall to Wall Carpet
Primary Bedroom
Lvl Main,FirstBathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Laminate
Bedroom 2
Lvl Main,FirstBedroom 3
Lvl Main,FirstCeiling Fan(s), Closet, Flooring - Laminate
Bathroom 1
Lvl Main,FirstBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Flooring - Laminate, Countertops - Stone/Granite/Solid
Bathroom 2
Lvl FirstBathroom - Full, Bathroom - With Tub & Shower, Flooring - Laminate
Listing Agent: Seth A. Welcom
Listing Office: RE/MAX Vision
MLS® Number: 73568491